Why supply is weighing heavily on Asian DCM

After struggling to digest a wave of issuance from Chinese property developers, Asian G3 bond markets await equally strong deal flow from LGFVs that will reverberate around the region.
Crowding out the competition
Crowding out the competition

The supply/demand imbalance in Asia’s G3 bond markets reached a new peak in April as Asian borrowers piled into the market to try and stay ahead of rising US Treasury yields, resulting in spread widening across the board.

¬ Haymarket Media Limited. All rights reserved.

Sign in to read on!

Registered users get 2 free articles in 30 days.

Subscribers have full unlimited access to FinanceAsia.

Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.

Questions?
See here for more information on licences and prices, or contact [email protected].

Share our publication on social media
Share our publication on social media